
M1A (Set 2)
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4 Feb 2026
CMFAS M1A Mock Question:
Which of the following statements regarding a Designated Market-Maker is FALSE?
a) All trades done by a Designated Market-Maker in any Specified Securities must be routed through a CMS licence holder.
b) A person must be registered with SGX-ST as a market-making representative to receive and execute orders on behalf of the Designated Market-Maker.
c) A Designated Market-Maker must submit periodic returns as SGX-ST requires.
d) A CMS licence holder must not execute a contract on SGX-ST unless it is qualified by a Clearing Member.

M6A (Set 1)
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4 Feb 2026
CMFAS M6A Mock Question:
Which of the following types of orders is filled immediately at the best possible price?
a) Limit Order
b) Market Order
c) Stop Order
d) Market-if-Touched Order